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Financial terms in "Credit and Debt"

1. Rate/point options

2. use

3. Underage

4. farmland

5. tenure annuity

6. classified loan

7. net returns

8. closed-end credit

9. warehousing

10. shoreline

11. one-third rule

12. promulgate

13. non-revolving credit card

14. mineral rights

15. water rights

16. half-life

17. dry closing

18. wholesale money

19. power of sale

20. double leverage

21. combined single limit

22. Ceiling

23. PreTSL (Preferred Term Securities, Ltd.)

24. proprietary lease

25. blanket credit line

26. Uniform Building Code (UBC)

27. Federal Student Aid

28. average free rent

29. bi-monthly mortgage

30. examination of title

31. loan capital

32. shell lease

33. core properties

34. semi-detached dwelling

35. REFCORP

36. equity injection

37. amortization method

38. preliminary title insurance report

39. low rise

40. hundred percent location

41. uniform settlement statement

42. enterprise zone

43. Chapter 11

44. Equity

45. structural density

46. Sherman Anti-Trust Act

47. selling broker

48. adjunction

49. authorization to sell

50. littoral rights

51. settle

52. reliction

53. et al.

54. abut

55. spec home

56. Credit Rationing

57. degree of combined leverage (DCL)

58. piggyback loan

59. land grant

60. leaching cesspool

61. Financial institution

62. lease expiration exposure schedule

63. seller's expenses

64. nonrecourse debt

65. reversion value

66. Rent premium

67. usable square footage

68. commercial forgery policy

69. amortized

70. 2/28 adjustable-rate mortgage

71. joint note

72. financial leverage

73. reverse-annuity mortgage

74. Mortgage spam

75. positive spread investing (PSI)

76. corporate guaranty

77. Float

78. subprime lender

79. Code of Ethics

80. topography

81. depreciation insurance

82. interpleader

83. Simple Interest

84. wet column

85. judgment proof

86. tenement

87. hold over tenant

88. claim expense

89. submortgage

90. GRI

91. unearned increment

92. tacking

93. Mortgagor

94. broker's call

95. percolation test

96. for sale by owner (FSBO)

97. class rate

98. cash rent

99. soft cost

100. demolition insurance

Note: Maximum 100 records reached. Please narrow your search.

Featured term of the day

Definition / Meaning of

Tax Exempt

Categories: Finance,

Some investments are tax exempt, which means you don't have to pay income tax on the earnings they produce.For example, the interest you receive on a municipal bond is generally exempt from federal income tax, and also exempt from state and local income tax if you live in the state where the bond was issued. However, if you sell the bond before maturity, any capital gain is taxable.Similarly, dividends on bond mutual funds that invest in municipal bonds are exempt from federal income tax. And for residents of the issuing state for single-state funds, the dividends are also exempt from state and local taxes. capital gains on these funds are never tax exempt.Earnings in a roth ira are tax exempt when you withdraw them, provided your account has been open for five years or more and you're at least 59 1/2 years old. And earnings in 529 college savings plans and coverdell education savings accounts (ESAs) are also tax exempt if the money is used to pay qualified education expenses.When an organization such as a religious, educational, or charitable institution, or other not-for-profit group, is tax-exempt, it does not owe tax of any kind to federal, state, and local governments. In addition, you can take an income tax deduction for gifts you make to such organizations.

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6. Health Insurance
7. Direct Investment
8. Special Mobile Equipment
9. Franchised Monopoly
10. NASD

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